The demand for microwaves in a small town is given by P(Q) =…

The demand for microwaves in a small town is given by P(Q) = 35 – 2Q. Suppose Steve’s Surplus Store is the sole supplier of microwaves in this small town, and this firm has a constant marginal (and average) cost of $7. What is the deadweight loss created in this market, if any?

The inverse demand for oranges is defined by P(q) = 182 – 7q…

The inverse demand for oranges is defined by P(q) = 182 – 7q, where q is the number of units sold. The inverse supply functions is defined by P(q) = 22 + 3q. A tax of $10 is imposed on suppliers for each of orange sold. What is the price received by suppliers (producers) after the tax is imposed?

The demand for baseball bats in a large city is given by P(Q…

The demand for baseball bats in a large city is given by P(Q) = 86 – 2Q. Suppose the demand for baseball bats in this large city is satisfied by four firms (n=4) with identical constant marginal (and average) costs of $6. Suppose that firms compete by setting quantities. What is the Cournot equilibrium profit earned by each firm in this market?

The inverse demand for wireless headphones is P(q) = 280 – 3…

The inverse demand for wireless headphones is P(q) = 280 – 3q, and the inverse market supply for wireless headphones is P(q) = 100 + 2q. Assume the market for wireless headphones is competitive. What is the competitive market equilibrium quantity of wireless headphones?

Use this scenario to answer questions #39-42: You are carin…

Use this scenario to answer questions #39-42: You are caring for a 12-year-old girl with acute lymphoblastic leukemia. She is responsive, but she does not feel well and appears to be flushed. Her temperature is 39°C (102.2°F), heart rate is 118/min, respiratory rate is 36/min, blood pressure is 100/40 mm Hg, and oxygen saturation is 96% on room air. Your assessment reveals mild increase in work of breathing and bounding pulses. The child is receiving 100% oxygen by nonrebreathing mask. In addition to oxygen administration and appropriate fluid administration, what additional early intervention should you provide to this patient?  

Use this scenario to answer questions #39-42: You are carin…

Use this scenario to answer questions #39-42: You are caring for a 12-year-old girl with acute lymphoblastic leukemia. She is responsive, but she does not feel well and appears to be flushed. Her temperature is 39°C (102.2°F), heart rate is 118/min, respiratory rate is 36/min, blood pressure is 100/40 mm Hg, and oxygen saturation is 96% on room air. Your assessment reveals mild increase in work of breathing and bounding pulses. The child is receiving 100% oxygen by nonrebreathing mask. What is the most appropriate amount to administer for the first normal saline fluid bolus?